48706 ÷ 8 = 6088 R2
Alright, let's work through the division of 48706 by 8 step by step.

Step 1:
8 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 4 to get 4.
Bring next digit (8) of the dividend behind the 4 and repeat the process: 48 / 8

Step 2:
8 goes into 48 6 times with a remainder of 0.
Write down 6 as next digit of of the result. 
Result so far: 6
Subtract 48 from 48 to get 0.
Bring next digit (7) of the dividend behind the 0 and repeat the process: 7 / 8

Step 3:
8 goes into 7 0 times with a remainder of 7.
Write down 0 as next digit of of the result. 
Result so far: 60
Subtract 0 from 7 to get 7.
Bring next digit (0) of the dividend behind the 7 and repeat the process: 70 / 8

Step 4:
8 goes into 70 8 times with a remainder of 6.
Write down 8 as next digit of of the result. 
Result so far: 608
Subtract 64 from 70 to get 6.
Bring next digit (6) of the dividend behind the 6 and repeat the process: 66 / 8

Step 5:
8 goes into 66 8 times with a remainder of 2.
Write down 8 as next digit of of the result. 
Result so far: 6088
Subtract 64 from 66 to get 2.

The final result is 6088 with a remainder of 2.